According to the Small Business Administration, as of 2014, 52 percent of small businesses were
A. portfolio-based.
B. home-based.
C. nonprofit making.
D. serial ventures.
E. corporate ventures.
Answer: B
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Which one of the following phrases is least desirable when describing an amount received from a sale of stock in excess of the par value of the stock?
A) paid-in capital in excess of par value B) capital surplus C) additional paid-in capital on preferred stock D) contributed capital in excess of par value
An occupier of property may be able to escape liability for injuries caused to a person lawfully
on the property if he or she had put up a sign warning of the dangers on the property. Indicate whether the statement is true or false
Maxine offered to sell her video camera to Tom for $200 and also stated to Tom, "I will give you two weeks to accept my offer." One week later Tom learned that Maxine had sold the video camera to Cindy. In this case:
a. Maxine has revoked her offer to Tom. b. Maxine's offer is a firm offer and she must sell Tom a video camera for $200. c. Maxine must get the camera back from Cindy if Tom accepts within two weeks. d. an option contract was created, so Maxine is liable to Tom if she sells the camera to someone else within the two-week period.
Before widespread adoption of TQM, most firms assumed that
A. the advantages of mass production were insignificant. B. customers scarcely notice deficiencies in quality. C. production defects were an inevitable part of mass production. D. the cost of replacing defective parts was unacceptable. E. eliminating defects from mass production was achievable.